That kind of hike would be "meaningful" enough to the business community that by the time we got around to one "meaningful" for y'all any other hikes wouldn't matter. Meanwhile a goofy Sept. hike would be leaving the survivors asking why?!
there will be another QE
Of course there will be --er, QE headlines that is. No matter what, our fruitloops press will continue its nonsense about all the bailout/QE that's been the cause of all of our 'run-away-inflation' we've been having and our FR colleagues will just lap it up like kittens.
But no actual rate hikes. Why is that?
Ah but of course, we're 'on the cusp' of a rate hike.